The Wall Street Blockchain Alliance among new members of Hyperledger

Wednesday, December 12, 2018

The Wall Street Blockchain Alliance (WSBA), an industry-leading non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology and cryptoassets across global markets, today announced that it has joined Hyperledger as an Associate Member.

Hyperledger is a leading multi-project, multi-stakeholder effort that includes 11 business blockchain and distributed ledger technologies. Hyperledger’s goal is to enable organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating enterprise-grade, open source distributed ledger frameworks and code bases.

“We are very pleased to onboard the WSBA to Hyperledger. As an advocate for the adoption of blockchain technology in the financial sector, the Wall Street Blockchain Alliance is a great fit for the Hyperledger community. Blockchain is quickly becoming strategic technology for financial organizations around the world, and we look forward to seeing WSBA and its members help fuel that growth as part of Hyperledger.”

Executive Director of Hyperledger, Brian Behlendorf

Moving forward, the two organizations will collaborate to identify, develop, prototype, and implement blockchain solutions across all facets of the financial services industry. Areas of collaboration will include identity management, supply chain, and trade finance, payments, asset tokenization, accounting, smart contracts, and legal services.

“We are excited to join Hyperledger, as it is one of the most progressive, experienced, and dynamic organizations in the blockchain industry. The broad reach of Hyperledger’s projects, combined with its commitment to open source technology finds the necessary balance between interoperability, scalability, and customization to facilitate widespread adoption of blockchain technology throughout the financial sector. I am sure that our members will enjoy and benefit from our close collaboration with this leading industry body.”

Hyperledger supports an open community that values contributions and participation from various entities. As such, pre-approved non-profits, open source projects and government entities can join Hyperledger at no cost as associate members. Associate members joining this month include Association of Blockchain Developers of Saint Petersburg, Business School of Hunan University, Sun Yat-sun University and Wall Street Blockchain Alliance.